FINANCE

Australia's big
four banks’ shameful stat

Australia’s big four banks all have gender pay gaps wider than 17 per cent, the latest data shows.

The Workplace Gender Equality Agency’s updated gender pay gap data shows Commonwealth Bank and Westpac have average total remuneration pay gaps of 21.6 per cent. NAB pays the average male employee 18.2 per cent more than women. ANZ’s gap is 17.2 per cent.

The gaps at CommBank, NAB and Westpac have all ticked down 0.8 percentage points in the past year, while ANZ’s gap decreased 1.6 points.

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